UK chancellor raises national insurance payments for self employed in new budget

Friday, March 10, 2017

UK chancellor Philip Hammond announced his 2017 budget on Wednesday, which included a £2 billion pledge to social care and a tax hike on the self-employed. It was accused of breaking Conservative Party manifesto promises.

It was announced there will be a 2% increase in national insurance contributions for the self-employed, with chancellor Philip Hammond citing worries that people were choosing to become self-employed in order to pay lower taxes and his perception of unfairness in the different rates paid by employees and self-employees. There were accusations this change in policy goes against the manifesto promises the Conservative Party ran on in 2015, which promised four times that there would be no increase in national insurance rates. Conservative MP Anna Soubry tweeted saying she believed these new measures would be unpopular as many would see them as unfair. The leader of the opposition, Jeremy Corbyn, claimed the new measures will not clamp down on people whose self-employment is just for tax benefits, instead causing problems for those legitimately self-employed, arguing that if they are to start paying similar tax rates to the employed then they should get rights such as statutory maternity pay. The think tank Resolution claimed, however, this increase is outweighed by other government policies and is, therefore, a good move.

In addition to this, the chancellor announced a £2 billion pledge to social care over the next three years, saying he was aware of the stress the ageing population is having on the NHS and social care. Liberal Democrat Norman Lamb described the amount as “wholly inadequate”, saying much more is needed to pay for an increase in care demands due to the ageing population. The lowest threshold at which shareholders pay dividend taxes is to be lowered from £5,000 to £2,000 claiming that the taxes for dividends provided “an extremely generous tax break for investors with substantial share portfolios”. Other budget announcements include an additional £325 million for the NHS, £90 million transport spending for the North of England, £20 million to support campaigning against violence against girls and women and a slight increase in funding for the devolved governments.

Retrieved from “https://en.wikinews.org/w/index.php?title=UK_chancellor_raises_national_insurance_payments_for_self_employed_in_new_budget&oldid=4627212”

Ingrid Newkirk, co-founder of PETA, on animal rights and the film about her life

Tuesday, November 20, 2007

Last night HBO premiered I Am An Animal: The Story of Ingrid Newkirk and PETA. Since its inception, People for the Ethical Treatment of Animals (PETA) has made headlines and raised eyebrows. They are almost single-handedly responsible for the movement against animal testing and their efforts have raised the suffering animals experience in a broad spectrum of consumer goods production and food processing into a cause célèbre.

PETA first made headlines in the Silver Spring monkeys case, when Alex Pacheco, then a student at George Washington University, volunteered at a lab run by Edward Taub, who was testing neuroplasticity on live monkeys. Taub had cut sensory ganglia that supplied nerves to the monkeys’ fingers, hands, arms, legs; with some of the monkeys, he had severed the entire spinal column. He then tried to force the monkeys to use their limbs by exposing them to persistent electric shock, prolonged physical restraint of an intact arm or leg, and by withholding food. With footage obtained by Pacheco, Taub was convicted of six counts of animal cruelty—largely as a result of the monkeys’ reported living conditions—making them “the most famous lab animals in history,” according to psychiatrist Norman Doidge. Taub’s conviction was later overturned on appeal and the monkeys were eventually euthanized.

PETA was born.

In the subsequent decades they ran the Stop Huntingdon Animal Cruelty against Europe’s largest animal-testing facility (footage showed staff punching beagle puppies in the face, shouting at them, and simulating sex acts while taking blood samples); against Covance, the United State’s largest importer of primates for laboratory research (evidence was found that they were dissecting monkeys at its Vienna, Virginia laboratory while the animals were still alive); against General Motors for using live animals in crash tests; against L’Oreal for testing cosmetics on animals; against the use of fur for fashion and fur farms; against Smithfield Foods for torturing Butterball turkeys; and against fast food chains, most recently against KFC through the launch of their website kentuckyfriedcruelty.com.

They have launched campaigns and engaged in stunts that are designed for media attention. In 1996, PETA activists famously threw a dead raccoon onto the table of Anna Wintour, the fur supporting editor-in-chief of Vogue, while she was dining at the Four Seasons in New York, and left bloody paw prints and the words “Fur Hag” on the steps of her home. They ran a campaign entitled Holocaust on your Plate that consisted of eight 60-square-foot panels, each juxtaposing images of the Holocaust with images of factory farming. Photographs of concentration camp inmates in wooden bunks were shown next to photographs of caged chickens, and piled bodies of Holocaust victims next to a pile of pig carcasses. In 2003 in Jerusalem, after a donkey was loaded with explosives and blown up in a terrorist attack, Newkirk sent a letter to then-PLO leader Yasser Arafat to keep animals out of the conflict. As the film shows, they also took over Jean-Paul Gaultier‘s Paris boutique and smeared blood on the windows to protest his use of fur in his clothing.

The group’s tactics have been criticized. Co-founder Pacheco, who is no longer with PETA, called them “stupid human tricks.” Some feminists criticize their campaigns featuring the Lettuce Ladies and “I’d Rather Go Naked Than Wear Fur” ads as objectifying women. Of their Holocaust on a Plate campaign, Anti-Defamation League Chairman Abraham Foxman said “The effort by PETA to compare the deliberate systematic murder of millions of Jews to the issue of animal rights is abhorrent.” (Newkirk later issued an apology for any hurt it caused). Perhaps most controversial amongst politicians, the public and even other animal rights organizations is PETA’s refusal to condemn the actions of the Animal Liberation Front, which in January 2005 was named as a terrorist threat by the United States Department of Homeland Security.

David Shankbone attended the pre-release screening of I Am An Animal at HBO’s offices in New York City on November 12, and the following day he sat down with Ingrid Newkirk to discuss her perspectives on PETA, animal rights, her responses to criticism lodged against her and to discuss her on-going life’s work to raise human awareness of animal suffering. Below is her interview.

This exclusive interview features first-hand journalism by a Wikinews reporter. See the collaboration page for more details.
Retrieved from “https://en.wikinews.org/w/index.php?title=Ingrid_Newkirk,_co-founder_of_PETA,_on_animal_rights_and_the_film_about_her_life&oldid=4618871”

Toyota employs the Japanese hybrid solar powered vehicle carrier ship ‘Auriga Leader’

Friday, July 3, 2009

On Friday, a new generation solar powered cargo vessel, the Auriga Leader has docked in North America for the first time. Toyota Motor Corp will employ this car carrier for automobile shipments to Europe and North America from Japan. The vessel will be operated by the Japanese-based NYK Line.

Auriga Leader has 328 solar panels to provide 40 kilowatts, about 10% of the ship’s power while sitting idling in dock. This amount of energy is the equivalent to the power used by ten average homes.

“This is the first ship to direct the solar power into the ship’s main electrical grid. It’s helping all of the time, and its helping with everything, like the ship’s thrusters and the hydraulics for the steering gear,” said Brian Mason, national manager of marine logistics and export for Toyota.

The panels are installed on the ship’s car-carrier, and then connected to the onboard 440 volt electrical network. Nippon Yusen K.K. and Nippon Oil Corp created the Auriga Leader’s US$ 1.6 million innovative green technology solar power grid. The cargo ship has a length of 200 meters (656 ft) and gross tonnage of 60,000 GT, which is capable of carrying 6,400 automobiles.

Richard Steinke, executive director of the Port of Long Beach said of the joint demonstration project, “From our standpoint, it’s another positive step,” to reduce diesel emissions and the release of greenhouse gas.

Retrieved from “https://en.wikinews.org/w/index.php?title=Toyota_employs_the_Japanese_hybrid_solar_powered_vehicle_carrier_ship_%27Auriga_Leader%27&oldid=850911”

What Will Happen When Greece Defaults?

The EUR/USD is the most generally traded currency pair, with 27% of trades in the forex market being made on this pair. Accordingly, the issue of many traders currently is ‘where is the euro headed?’ and, ‘what will occur when Greece defaults?’

The present situation

Greece’s situation could be worse after strict austerity measures forced by the EU-IMF bailout, its economy shrank by 7.3% in Q2 of 2011, surpassing the most pessimistic forecasts of both the European Union and the IMF.

In the meantime, Greek bond yields have risen to record levels, with on three-year-bond, which was trading at 20% in June, now trading at 172%. Bonds scheduled to be paid back in March 2012 are being priced at around about half their official worth. And prices for Greek credit default swaps (CDSs), which offer investors a hedge against default, have increased more than 200% since the start of August, rising above Four thousand basis points.

Adding to the issue is the possibility that Greece will not be given the subsequent EUR8bn tranche of help, as German finance minister Wolfgang Schauble has accused them of not abiding by the conditions of the aid agreement. This puts Greece in the hard position where disproportionate budget cuts mean it cannot stimulate its economy so it may expand out of debt, yet not enforcing these measures means it does not have ready money to pay state wages and pensions in October.

[youtube]http://www.youtube.com/watch?v=LTZWu1ipEmo[/youtube]

Hence, Greece will default, the only question is when.

What will happen when Greece defaults?

Once Greece defaults, the governing body will nationalise each bank in the country, and then forbid any withdrawals. To prevent riots among Greek depositors, the govt will then impose a curfew, and could even declare martial law.

Greece will then leave the single currency and re-denominate its obligations into a new currency. Against the euro, this currency will devalue by around 50%, effectively defaulting on more than half of all Greek euro-denominated debts.

Several French and German banks will make losses large enough to no longer satisfy capital adequacy requirements, while the European Central Bank will go bankrupt due to its high exposure to both Greek administrative and Greek banking sector debt. The French and German governments are then sure to meet to choose whether to recapitalise the ECB or to permit it to print money to restore its solvency. They will then recapitalise their own banks and likely refuse all future bailouts.

And this scenario doesn’t consider the reaction of Ireland, Portugal, Spain and Italy the other struggling economies in the eurozone.

Nonetheless a Greek default won’t be all bad. Of the economies that have defaulted since 1999 have not all performed as well since their defaults, the average post-default GDP rate of growth improved by about Three percent.

How will this impact the euro?

As far as the euro is concerned, a default may be beneficial. As it would allow Greece to have a new, separate, currency that can be devalued, Greece is more certain to improve its competitiveness with favourable exchange rates. And, although there would be an instinctive sell-off of the euro and volatility over a bunch of months, the industrial performance of the eurozone as a whole would be boosted, especially if it begins to expel the weaker members. This would result in a potential strong climb in the single currency.

Summary

Greece will default, or leave the eurozone, at some point. The Greek economy has reached the point at which it can not recover, and Germany’s patience with the periphery nations and the ECB is wearing thin. What remains to be seen is whether or not this is to be an ‘orderly’ default, the voluntary debt exchange agreed in July where holders of Greek debt suffer 21% losses on bonds that mature before 2020, or a ‘disorderly’ default, where Greece walks away from its liabilities without consultation.

Article Source: sooperarticles.com/finance-articles/what-will-happen-when-greece-defaults-659909.html

About Author:

Remember that CFDs and currency exchange are leveraged products and may result in losses that exceed your 1st deposit. CFD trading may not be appropriate for everyone, so please make sure that you understand completely the risks concerned.Author: Wan Shao

School stampede in China kills eight, injures dozens more

Tuesday, December 8, 2009

State media reported earlier today that a stampede in a school in China has killed at least eight people and injured an additional 26.

The accident occurred at 21:10 local time at the Yucai Middle School, a privately-run institution in city of Xiangxiang, located in the Hunan Province. Reports say that several students were leaving their studies when one fell down a staircase, causing others to lose their balance and tumble down as well.

Those hurt in the incident were treated at three hospitals in the town, and eight other students were being observed by medical personnel despite appearing not to have been hurt.

Chinese officials are investigating the incident and have been questioning the city educational bureau and local school authorities, according to the Xinhua news agency.

Retrieved from “https://en.wikinews.org/w/index.php?title=School_stampede_in_China_kills_eight,_injures_dozens_more&oldid=3221960”

US Senate finance committee to vote on health care bill

Friday, October 9, 2009

US Senate Majority Leader Harry Reid has said that the Senate Finance Committee will vote on a sweeping health care reform bill next Tuesday. US President Barack Obama has made clear that extending health insurance coverage to as many Americans as possible is his top domestic priority.

Republican lawmakers, however, are still overwhelmingly opposed to the bill, saying it is too expensive and would expand the role of government in people’s health care.

Obama and his fellow Democrats in the Senate received some good news late Wednesday from the non-partisan Congressional Budget Office, which put the total cost of the Senate Finance Committee’s health care bill at $829 billion over the next decade, below Obama’s stated goal of $900 billion. The budget watchdog organization also said the health care bill would help reduce the federal budget deficit over the next ten years.

Harry Reid said he believed health care reform was moving forward. “And so today we stand closer than ever to fulfilling that fundamental promise, one for which we have fought for more than 60 years,” he said.

Senate Minority Leader Mitch McConnell, however said that the cost estimate was “irrelevant”, because the final bill that will actually emerge from both houses of Congress is likely to look very different and cost a lot more. “What matters is that the final bill will cost about a trillion dollars, vastly expand the role of government in people’s health care decisions, increase premiums and limit choice,” McConnell said.

HAVE YOUR SAY
What is your opinion on the health care bill?
Add or view comments

McConnell said Republicans favor a step by step approach to health care reform, focusing on prevention and wellness programs and dealing with the high costs of malpractice insurance doctors have to pay due to fears of excessive lawsuits.

Under the Finance Committee’s bill, US residents would be required to get health insurance or face a penalty, and insurance companies would face tough new regulations. For example, insurance companies could no longer reject coverage for people due to pre-existing conditions.

The Senate Finance Committee is likely to pass the bill, which will then have to be merged with one passed by the Senate health committee before it goes to the full Senate floor for debate.

Retrieved from “https://en.wikinews.org/w/index.php?title=US_Senate_finance_committee_to_vote_on_health_care_bill&oldid=3567455”

Animal Invaders In Which To Contact Animal Control Services About Removal

  • Click Here For More Specific Information On:
  • Ash Aryal

byadmin

Wild animals can be very interesting in their natural habitat. However, this is not the case when they invade the home. At this point, they become a danger to the family. Attempts to capture these types of animals can result in injuries to the person attempting to capture them. If these animals are spotted, contact animal control right away.

Raccoons appear to be cute and cuddly creatures. Despite their cuteness, they are also equipped with claws and teeth. They will defend themselves very vigorously if trapped into a corner. Their claws and teeth can carry diseases such as rabies that can be passed onto humans. For safety, contact animal control services if there are signs indicating a raccoon has gotten into the house. This animal can get very aggressive very quickly.

Many people have a fear of snakes. This fear is based in reality. Snakes can be an extremely dangerous animal. Often, snakes that get too big for their habitat are released into the wild. Even though a lot of snakes are considered harmless, it can be difficult to determine its qualities without studying them. Since all snakes can bite, it is best to have a professional remove them once they are discovered.

Squirrels are a frequent home invader. They are often on the hunt for adequate storage places in which to build up winter supplies. If the home has access from the roof line, the squirrels can get in. Once they take root in the home, they deposit food and can chew on wiring. The food will attract other pests. Damaged wiring will put the home at risk for a fire. Like other animals, squirrels can bite and scratch. They also carry various diseases that can infect humans. They can also be notoriously hard to catch. Contact animal control services for removal if these animals find a way into the home.

Animal invasions are all too common. While interacting with the animals from a safe distance will keep everyone safe, this is not the case if they get into the home. If there are signs of animal invaders, check out Pestcontrolmd.com for more information on getting rid of them safely.

Australia/2006

[edit]

Retrieved from “https://en.wikinews.org/w/index.php?title=Australia/2006&oldid=804654”

Colleges offering admission to displaced New Orleans students/OH-WY

See the discussion page for instructions on adding schools to this list and for an alphabetically arranged listing of schools.

Due to the damage by Hurricane Katrina and subsequent flooding, a number of colleges and universities in the New Orleans metropolitan area will not be able to hold classes for the fall 2005 semester. It is estimated that 75,000 to 100,000 students have been displaced. [1]. In response, institutions across the United States and Canada are offering late registration for displaced students so that their academic progress is not unduly delayed. Some are offering free or reduced admission to displaced students. At some universities, especially state universities, this offer is limited to residents of the area.

Retrieved from “https://en.wikinews.org/w/index.php?title=Colleges_offering_admission_to_displaced_New_Orleans_students/OH-WY&oldid=4617832”